- Vopak plans a EUR 500 million share buyback by 2030.
- The first EUR 100 million tranche starts on 26 February 2026.
- The program is part of a EUR 1.7 billion shareholder distribution.
- Dividends are set to increase by 5% or more annually.
Share Buyback Program
Vopak has announced a multi-year share buyback program valued at up to EUR 500 million, to be completed by the end of 2030. This initiative is part of a broader shareholder distribution plan totaling approximately EUR 1.7 billion.
First Tranche Details
The first tranche of the buyback, amounting to up to EUR 100 million, will commence on 26 February 2026 and is scheduled to conclude by 26 February 2027, subject to unforeseen circumstances. The repurchased shares will be canceled following board and shareholder approvals.
Regulatory Compliance
The buyback will be conducted under the safe harbour regime of the Market Abuse Regulation and within the authority granted at the 2025 Annual General Meeting, with potential further approval at the 2026 meeting. An independent intermediary will execute the transactions, allowing for activity during both open and closed periods.
Program Flexibility and Updates
Vopak reserves the right to suspend, modify, or discontinue the program at any time. Weekly updates on the program's progress will be provided through press releases and detailed on Vopak’s website.
Dividend Policy
In addition to the buyback, Vopak has enhanced its progressive dividend policy, aiming to increase the dividend per share by 5% or more annually.
